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Emirates NBD-RBL Bank Deal: The two banks said the partnership combines Emirates NBD’s regional banking expertise and international network with RBL Bank’s established domestic presence and distribution capabilities across India. (Representational image/AI) Emirates NBD-RBL Bank Acquisition: Emirates NBD and RBL Bank on Thursday announced the successful completion of Emirates NBD’s acquisition of a majority stake…

Bajaj Auto, in an exchange filing, has said that this has reference to our letters dated 6 May 2026 and 18 June 2026, informing that the Board of Directors and the shareholders of the company, respectively, have approved the buyback of up to 4,694,000 fully paid-up equity shares of the company, having a face value…

NSE’s draft red herring prospectus (DRHP) outlines a pure offer-for-sale (OFS), meaning the exchange itself will not raise fresh capital. Instead, existing shareholders, including State Bank of India, CPPIB, GIC, Aranda Investments, and several public sector insurers, will pare stakes. Source link

NSE IPO: NSE disclosed that it has received show-cause notices, warning letters, deficiency letters and advisory communications from the market regulator on operational, governance, technology and compliance-related matters. NSE IPO News: The National Stock Exchange (NSE) has warned that regulatory changes, technology failures, cyberattacks and AI-related risks, coupled with its significant dependence on derivatives trading…

Sarmeeli Mallick is a senior journalist with nearly a decade of experience in digital journalism. With a master’s degree in Journalism and Mass Communication from Utkal University, Bhubaneswar, she has a proven track record of impactful reporting, having filed over 19,000 news stories since beginning her career in May 2016. Her diverse background, rooted in…

Shares of Bata India Ltd. gained as much as 18% on Thursday, June 18, after the company accounted a transition in its leadership. This is its biggest single-day gain since May 23, 2006, when it had surged 18% as well. The company has appointed Sanjay Rao as the new managing director and CEO, with effect…

Shares of RR Kabel Ltd. surged more than 6% on Thursday, June 18, and touched a fresh record high of ₹2,365 after brokerage firm Motilal Oswal upgraded the stock to ‘Buy’ from ‘Neutral’. The brokerage has assigned a price target of ₹2,600, indicating a potential upside of nearly 17% from current levels. Motilal Oswal remains…

Shares of Bharat Coking Coal Ltd. (BCCL) gained up to 10% on Thursday, June 18, after the company informed the stock exchanges that it has formally handed over the 2.0 MTPA Dugda Coal Washery to JSW Steel Ltd. at the former’s headquarters in Dhanbad. BCCL said this marks a historic milestone in India’s coal sector…

Brigade Enterprises Ltd was in focus on Thursday after the Tamil Nadu Environment Authority revoked the environmental clearance granted earlier for its Morgan Heights project in Chennai. The authority said the project proponent had begun construction activities without prior permission. The order, dated May 8, has put the company’s 2 million square feet residential project…

Gold and silver prices fell in domestic futures trade on Thursday (June 18), pressured by weak spot demand, a stronger dollar, and uncertainty around the US Federal Reserve’s policy path. Gold contracts for August delivery on the Multi Commodity Exchange (MCX) declined ₹1,593, or 1.04%, to ₹1.52 lakh per 10 grams. Silver also witnessed a…